not true. They are willing to pay the full amount quoted, just over time. Everybody knows that, so it is not a trick.
They trick is at what rate are they adjusting the time value of money? Are they using inflation? prime? Libor? Fed Funds? The key to see if you are getting fucked is the discont rate. Compare it to the actual rate of inflation and if the discount rate is higher, than you are fucked.
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